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    604 W 151St St East Chicago, IN 46312

    For Sale
    $95,000

    Business - East Chicago, IN

    Type:Business
    Property size:
    1,875 SF
    Lot size:
    0.09 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 604 W 151St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    450332205038000024
    Parking features
    On Street
    Interior features
    Wet Bar
    Exterior features
    Paved
    Basement Y/N
    1
    Size
    1,875 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1913
    Architectural style
    Other

    Weichert, Realtors - Shoreline (219) 402-1398 [email protected]

    Listing agent Joseph Burdick (219) 864-8440 License #RB20001976

    Listing date Nov 13, 2025

    MLS# 830781 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Chicago Bar/Restaurant Opportunity

    This long-standing local establishment, situated in a prime location with high visibility in East Chicago, Indiana, is available for purchase. The property features a traditional bar layout with ample seating. The sale includes existing fixtures, bar equipment, and furnishings. The 1,875 square-foot property, located on a 0.092-acre lot, presents an opportunity for revitalization with updates and personal touches. It is suited for an experienced operator or a new owner looking to refresh and revitalize the space. The property is also offered for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Goal Post Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Las Patronas Cocina y Cantina, Walts Tavern, 2nd String Quarterback Sports Bar & Grill, Goal Post, Autorite

    Location Insight

    • Map
    • Local Demand
    City
    East Chicago
    County
    Lake
    State
    Indiana
    Longitude
    -87.465402
    Latitude
    41.621405

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    FAQs

    What type of property is this?
    Bar - Established bar/restaurant in East Chicago, ready for new ownership.
    Where is this bar located?
    The property is located at 604 W 151St St East Chicago, IN.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Prime location with strong local visibility.; - Existing fixtures, bar equipment, and furnishings included.; - Classic bar layout with plenty of seating.
    (219) 864-8440
    Request Owner's contact information
    604 W 151St St East Chicago, IN 46312
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    East Chicago, IN 46312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    604 W 151St St East Chicago, IN 46312
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